Company announcement Group Communications Company announcement No. 14/2017 Holmens Kanal 2 – 12 DK-1092 København K Tel. +45 45 14 56 95 6 March 2017 Danske Bank share buy-back programme: transactions in week 9 On 2 February 2017, Danske Bank A/S announced a share buy-back programme. The programme is being carried out under the European Commission’s Regulation No. 596/2014 of 16 April 2014 (the “Market Abuse Regulation”). The share buy-back for a total of DKK 10 billion, with a maximum of 90 million shares, will be made in the period from 3 February 2017 to 2 February 2018, at the latest. The following transactions were made under the share buy-back programme in week 9: Number VWAP Gross value of shares DKK DKK ----------- ------------ Total, latest announcement 2,935,000 699,250,250 -------------------------------------------------------------------------------- 27 February 2017 190,000 236.25 44,887,500 ------------------- 28 February 2017 190,000 234.02 44,463,800 ------------------- 1 March 2017 190,000 239.06 45,421,400 ------------------- 2 March 2017 185,000 240.81 44,549,850 ------------------- 3 March 2017 175,000 240.74 42,129,500 ------------------- Total accumulated over week 9 930,000 221,452,050 -------------------------------------------------------------------------------- Total accumulated during the share buyback 3,865,000 920,702,300 programme -------------------------------------------------------------------------------- With the transactions stated above, Danske Bank A/S holds a total of 52,526,972 own shares, excluding investments made on behalf of customers, or 5.34% of Danske Bank A/S’ share capital. We enclose share buy-back transactions data in detailed and aggregated form provided in accordance with the Commissions delegated regulation (EU) 2016/1052 of 8 March 2016. Danske Bank Contact: Kenni Leth, Group Press Officer, tel. +45 45 14 14 00